THE Land Bank of the Philippines (LANDBANK) and the New Clark Government Center Corp. (NGCC) are exploring a financing deal to support the construction of new government buildings in New Clark City in Tarlac.LANDBANK said that NGCC is sounding out institutions willing to support the

SPEAKER Ferdinand Martin G. Romualdez has filed a bill that, if passed, would create a sovereign wealth fund to be seeded by the major pension funds and government banks.House Bill 6398, filed on Monday, seeks to establish the so-called Maharlika Investments Fund (MIF), which will

MICROFINANCE institutions (MFIs) should be tapped in helping build resilience against climate change, especially for poorer and more vulnerable communities, according to the Asian Development Bank (ADB).“Economic development supporting small- and medium-sized enterprises contributes to the resilience of the poor and vulnerable, including in urban

PIXABAYTHE return of face-to-face classes dampened demand for tablets in the Philippines in the third quarter, according to the International Data Corp. (IDC).“The Philippines tablet market declined 11.6% quarter on quarter in the third quarter, and was almost flat compared to last year,” the market

PHILSTAR FILE PHOTOTHE rice inventory at the beginning of October increased 6.5% year on year to 2.08 million metric tons (MT), according to the Philippine Statistics Authority (PSA).In a report issued Nov. 25, the PSA said that month on month, the October rice inventory rose

In our previous articles on transfer pricing (TP), we have discussed the functions, assets, and risks (FAR) analysis, entity characterization, and industry analysis. This time, we will talk about the different transfer pricing methodologies.The Organisation for Economic Co-operation and Development (OECD) Transfer Pricing Guidelines provide

PHILIPPINE STAR/ MIGUEL DE GUZMANBy John Victor D. Ordoñez, ReporterHIGH-RANKING policemen responsible for wrongful deaths in the Duterte government’s war on drugs would be prosecuted, according to the Philippine Justice chief. “That will happen,” Justice Secretary Jesus Crispin C. Remulla told BusinessWorld in a Viber

DAILY coronavirus infections in the Philippines would probably stay below 5,000 after the entry of a new Omicron subvariant and as Filipinos celebrate Christmas next month, an infectious diseases expert said on Monday.“Even if we see an increase in cases, most of them will likely

PHILSTARA PHILIPPINE party-list representative on Monday said imports continue to be underdeclared, with many smuggled items getting through the Bureau of Customs using spurious documents.“The very source of the perpetuation and perpetration of irregularities in the Bureau of Customs start with commercial invoice,” Party-list Rep.

PHILSTARA SENATOR on Monday pushed for the construction of resettlement sites within or at the outskirts of urban areas, where beneficiaries of housing programs can still have easy access to livelihood, utilities, and public services.   Senator Joseph Victor “JV” G. Ejercito, during a hearing on Monday,

PHILSTARMEMBERS of a religious group on Monday asked the Supreme Court (SC) to grant protection to two pastors and another member who feel under threat after they were allegedly tagged as communists by military officers.  In a 62-page petition, members of the United Church of Christ

THE LIGHTHOUSE in Sabtang, Batanes. — PHILIPPINE COAST GUARDFOUR lighthouses in Batanes are getting equipped with navigational and solar lights, improving maritime safety in the country’s northernmost waters, the Philippine Coast Guard (PCG) said in Monday.   The coast guard team arrived in the province Sunday using